Sell My House While in Forbearance in Wichita, Kansas
We Can Buy Your House As-Is During Forbearance
If you are having difficulty making your mortgage payment, forbearance may help you avoid foreclosure or bankruptcy. The 2020 CARES Act allows you to extend your forbearance into 2021, making it possible for you to sell your house while in forbearance. You may qualify for an extension even if your forbearance is about to expire after a year.
Blue Sky Properties can buy your house during forbearance so that you can avoid foreclosure and save your credit. We are local home buyers in Wichita, Kansas. We can look at your property, make a fast cash offer, and close the sale in as little as seven days. You make no repairs and pay no realtor commissions or closing costs. Call 316-202-4249 to schedule a quick walkthrough and get a fast cash offer.
How Do I Sell My House Fast While in Forbearance?
Even with a forbearance extension, you may not have enough time to renovate your home, find a realtor, and close on a sale. When you get cash for your house, you eliminate all the steps involved in a traditional sale. You can sell your house as-is in just three easy steps:
Step 1: Contact Our Buyers
The first step in selling your house is simply giving us a call and scheduling a walkthrough of the property. Our buyers will arrive onsite, look at your house, and decide if we want to move forward with an offer. Don’t worry about renovating or even cleaning your house. We buy houses as-is.
Step 2: Get a Cash Offer
If we are interested in buying your house, we will make a fast cash offer. In most cases, we can make a cash offer within 24 to 48 hours of looking at the property. Our offers come in just under the current market value of your home. So, you get a fair cash offer and not a bottom-dollar offer.
Step 3: Get a Cash Payment
If you accept our offer, then you can schedule a convenient closing day with our buyers. During closing, you simply sign the paperwork and walk away from the house free and clear. We pay all closing costs. You get cash for your house. It’s the easiest way to sell your house during forbearance.
What is a Forbearance?
A forbearance is a temporary reduction or postponement of your mortgage payments. It should not be confused with full payment forgiveness. Under the 2020 CARES Act, you may be entitled to forbearance for an initial period of 180 days. Afterward, you may request an extension of up to one year or beyond.
Do I Qualify for the CARES Act Forbearance?
According to the CARES Act guidelines, you do not have to prove hardship to qualify for forbearance. If you assert that you are going through financial difficulty and cannot make your mortgage payments, your lender is obligated to issue a forbearance for up to one year. The latest CARES Act forbearance allowance may extend your forbearance period beyond a year.
You may qualify for a full-term forbearance of 180 days or longer, even if you plan to sell your house. A forbearance will relieve the pressure of selling your house the traditional way. When you sell your house fast for cash, you may not have to worry about selling your house through a realtor. You simply sell the house to our local buyers, close the deal, and let us take it from there.
Why Should I Sell My House for Cash?
Even if a forbearance gives you more time to sell your house, you may still want to consider getting cash for your house. There are several benefits to a cash sale, including
We Know the Real Estate Market
Our local buyers monitor the Wichita, Kansas real estate market daily. We know the challenges of selling your house, the marketing trends, and what your house is worth. We are local home buyers in Wichita - not a national chain looking to make a low offer on your property.
You Save Money in Selling Costs
Selling a house is expensive today. You may have to invest thousands of dollars in house repairs, remodeling projects, marketing costs, realtor commissions, and closing costs. When you sell your house as-is for cash, you avoid all the expenses associated with a traditional house sale.
Simplify the House Selling Process
Selling a house today can be complicated. You have to find a realtor, list your house, repair the house, prepare to show the house, meet with several potential buyers, and go through a complicated closing process. Blue Sky Properties helps you avoid all these steps with a simple cash transaction.
Sell Your House Right Now
Sure, you may have 180 days to a year to sell your house under forbearance. However, there is no guarantee that you will find a buyer in a tough economy and real estate market. When you work with one of our buyers, you can sell your house right now. Close in as little as seven days.
Sell Your House As-Is to Blue Sky Properties
Don’t let your financial hardship destroy your credit or ability to buy another house in the future. Take advantage of the CARES Act forbearance program and sell your house fast to Blue Sky Properties. We are here to help you get out from underneath your mortgage. Call 316-202-4249 to schedule a quick walkthrough and get a fast cash offer.